J. C. Penney Company, Inc.’s estimates that its asbestos and
environmental liabilities amounted to US$39 million as of Jan.
31, 2009, according to the Company’s annual report filed with
the Securities and Exchange Commission on March 31, 2009.
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.